ePlus director takes stock grant, shifts shares to trust

BOWEN BRUCE M reported acquisition or exercise transactions in this Form 4 filing. ePlus Inc. director Bruce M. Bowen reported routine equity compensation and internal transfers of common stock.

Rhea-AI Filing Summary

BOWEN BRUCE M reported acquisition or exercise transactions in this Form 4 filing.

ePlus Inc. director Bruce M. Bowen reported routine equity compensation and internal transfers of common stock. On July 1, 2026, he was issued 261 shares of common stock, electing to receive stock instead of cash fees under ePlus’ 2024 Non-Employee Director Long Term Incentive Plan.

On July 2, 2026, he transferred 792 shares from a personal account to the Bruce M. Bowen Trust for no consideration and remains the beneficial owner of those shares. After these updates, he holds 1,478 shares directly and additional indirect holdings through several trusts and an LLC.

Insider Trade Summary

5 transactions reported

Mixed 5 txns

Insider BOWEN BRUCE M

Role Director

Type	Security	Shares	Price	Value
Other	Common Stock	792	$0.00	$0.00
Other	Common Stock	792	$0.00	$0.00
Grant/Award	Common Stock	261	$0.00	$0.00
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 1,478 shares (Direct); Common Stock — 14,205 shares (Indirect, By Bruce Montague Bowen Trust); Common Stock — 9,255 shares (Indirect, By Bowen Holdings LLC); Common Stock — 1,084 shares (Indirect, By Elizabeth Dederich Bowen Trust)

Footnotes (2)

1. F1. On July 1, 2026, the reporting person was issued 261 shares of common stock (the "Shares"). The Shares were issued pursuant to the reporting person's election to receive the Shares in lieu of cash compensation as permitted under the ePlus' 2024 Non-Employee Director Long Term Incentive Plan.
2. F2. On July 2, 2026, the reporting person transferred 792 shares of ePlus inc. common stock from an account owned by the reporting person to the Bruce M. Bowen Trust for no consideration. The reporting person remains the beneficial owner of the securities held by the trust.

Key Figures

Director stock grant: 261 shares Transfer to Bruce M. Bowen Trust: 792 shares Indirect holdings in Bruce M. Bowen Trust: 14,205 shares +3 more

6 metrics

Director stock grant 261 shares Common stock issued July 1, 2026 in lieu of cash fees

Transfer to Bruce M. Bowen Trust 792 shares Common stock moved July 2, 2026 for no consideration

Indirect holdings in Bruce M. Bowen Trust 14,205 shares Common stock beneficially owned through trust after July 2, 2026

Direct holdings after transactions 1,478 shares Common stock directly owned following July 2, 2026 updates

Elizabeth Dederich Bowen Trust holdings 1,084 shares Common stock held indirectly as of July 1, 2026 entry

Bowen Holdings LLC holdings 9,255 shares Common stock held indirectly as of July 1, 2026 entry

Key Terms

Grant, award, or other acquisition, Non-Employee Director Long Term Incentive Plan, beneficial owner, indirect ownership

4 terms

Grant, award, or other acquisition financial

"transaction code description: Grant, award, or other acquisition"

Non-Employee Director Long Term Incentive Plan financial

"issued pursuant to the reporting person's election under the 2024 Non-Employee Director Long Term Incentive Plan"

beneficial owner financial

"The reporting person remains the beneficial owner of the securities held by the trust"

A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.

indirect ownership financial

"ownership_type: indirect; nature_of_ownership: By Bruce Montague Bowen Trust"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did ePlus (PLUS) director Bruce M. Bowen report in this Form 4?

Bruce M. Bowen reported a stock grant and an internal share transfer. He received 261 ePlus common shares as director compensation and moved 792 shares from a personal account to a family trust, remaining the beneficial owner of the transferred shares.

How many ePlus (PLUS) shares did Bruce M. Bowen receive as compensation?

He received 261 shares as compensation. On July 1, 2026, Bowen elected to take 261 ePlus common shares instead of cash under the company’s 2024 Non-Employee Director Long Term Incentive Plan for non-employee directors.

What is the significance of the 792-share transfer reported for ePlus (PLUS)?

It was a no-cost transfer to a family trust. On July 2, 2026, Bowen moved 792 ePlus common shares from his personal account to the Bruce M. Bowen Trust for no consideration, while continuing as the beneficial owner of those shares.

How many ePlus (PLUS) shares does Bruce M. Bowen hold directly after these transactions?

He holds 1,478 shares directly. Following the July 1–2, 2026 updates, Bowen’s direct ownership in ePlus common stock increased to 1,478 shares, in addition to larger indirect positions held through trusts and an LLC.

What indirect ePlus (PLUS) holdings are associated with Bruce M. Bowen?

He has multiple indirect positions via entities. The filing lists common stock held by the Bruce M. Bowen Trust, the Elizabeth Dederich Bowen Trust, and Bowen Holdings LLC, reflecting indirect ownership interests beyond his directly held 1,478 shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/02/2026 - 04:51 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

BOWEN BRUCE M

(Last) (First) (Middle)

C/O EPLUS INC.

13595 DULLES TECHNOLOGY DRIVE

(Street)

HERNDON VIRGINIA 20171-3413

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
EPLUS INC [ PLUS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/01/2026		A		261(1)	A	$0	2,270	D
Common Stock	07/02/2026		J		792	D	$0	1,478	D(2)
Common Stock	07/02/2026		J		792	A	$0	14,205	I(2)	By Bruce Montague Bowen Trust
Common Stock								9,255	I	By Bowen Holdings LLC
Common Stock								1,084	I	By Elizabeth Dederich Bowen Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. On July 1, 2026, the reporting person was issued 261 shares of common stock (the "Shares"). The Shares were issued pursuant to the reporting person's election to receive the Shares in lieu of cash compensation as permitted under the ePlus' 2024 Non-Employee Director Long Term Incentive Plan.

2. On July 2, 2026, the reporting person transferred 792 shares of ePlus inc. common stock from an account owned by the reporting person to the Bruce M. Bowen Trust for no consideration. The reporting person remains the beneficial owner of the securities held by the trust.

	/s/ Erica S. Stoecker, attorney-in-fact	07/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)